Agreement expected to strengthen Peninsular Malaysia's energy security by integrating upstream gas developments with LNG imports

Anwar says as an exporter, it could be profitable for Malaysia to buy gas

PUTRAJAYA, July 21 — Prime Minister Datuk Seri Anwar Ibrahim has stressed that Malaysia will not bow to pressure that could undermine national policies, including negotiations with the United States (US) related to tariffs.

ROME, July 2 — Malaysia and Italy have agreed to enhance their long-standing economic ties, with a focus on energy transition that has also attracted interest from Japan and Indonesia.

MOSCOW, June 29 — The price of gas for the European Union (EU) has increased 2.5-fold since the introduction of large-scale sanctions against Russia — in just four years, from 2021 to 2025, it has increased twice as much as in the previous 20 years, according to RIA Novosti's calculations based on Eurostat data.

TOKYO, May 25 — Malaysia’s trade with Japan is expected to increase this year, bolstered by investments, particularly in the semiconductor and renewable energy sectors, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.

KUALA LUMPUR, Dec 15 — The production of crude oil and condensate amounted to 45.9 million barrels in the third quarter of 2023, which was higher by 0.3 per cent compared to a year ago, said the Department of Statistics Malaysia (DoSM).

KUALA LUMPUR, Nov 5 — Malaysia is optimistic that foreign direct investments (FDI) from Japan will exceed RM30 billion (US$6.33 billion) in 2023, signifying Japanese investors’ unwavering confidence towards Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim today.

SINGAPORE, Oct 10 — Contracts to export Malaysian liquefied natural gas (LNG) that sources gas from the northern Borneo state of Sabah are under force majeure following a pipeline leak, trade sources said on Friday.

KUALA LUMPUR, July 8 — Malaysia exported 24.9 million tonnes per annum (MTPA) of liquefied natural gas (LNG) in 2021, retaining its previous year’s position as the fifth-largest LNG exporter after Australia, Qatar, the United States and Russia, the Malaysian Gas Association (MGA) said.

KUALA LUMPUR, Dec 3 — Propagating the use of natural gas as a transitional fuel while accelerating the adoption of renewable energy and encouraging energy conservation as a medium to long-term development could be a viable solution to the worrying effects of climate change.

KUALA LUMPUR, Nov 20 — A huge capital injection is needed to boost the upstream development in order to fill the future needs for liquified natural gas (LNG).

KUALA LUMPUR, Nov 17 — Petronas Dagangan Bhd's net profit slipped to RM212.66 million for the third quarter ended September 30, 2020 (Q3 2020) from the RM239.00 million posted in the same quarter last year.

KUALA LUMPUR, Nov 1 — MISC Bhd posted a slightly lower net profit of RM258.3 million in its third quarter ended Sept 30, 2020 (Q3 2020) versus RM266.1 million in the same quarter last year.